Oracle rises as AI-fueled backlog growth deflects spending worries — Live Feedhttps://www.live-feeds.com/feed/oracle-rises-as-ai-fueled-backlog-growth-deflects-spending-worriesContinuously updated, source-cited coverage. Oracle stock climbs as AI cloud infrastructure revenue doubleshttps://www.live-feeds.com/feed/oracle-rises-as-ai-fueled-backlog-growth-deflects-spending-worrieshttps://www.live-feeds.com/feed/oracle-rises-as-ai-fueled-backlog-growth-deflects-spending-worries#u66526Sat, 12 Sep 2026 21:21:22 +0000Oracle shares rose 7% following a first-quarter earnings beat driven by triple-digit growth in cloud infrastructure revenue. The company reported an AI cloud backlog that exceeded analyst estimates, though Yahoo Finance notes that demand for these services is currently outpacing supply. To manage costs, Oracle is limiting capital expenditures while utilizing up-front payments from customers. These results indicate that AI-driven demand is offsetting broader concerns regarding corporate spending.Why it mattersCloud infrastructure is the backbone for training and deploying large-scale AI models.